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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Dividend Payout Ratio : 0.70 (As of Oct. 2020)


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What is DUFF & PHELPS UTILITYRPORATE BOND TRUST Dividend Payout Ratio?

DUFF & PHELPS UTILITYRPORATE BOND TRUST's dividend payout ratio for the months ended in Oct. 2020 was 0.70.

The historical rank and industry rank for DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio or its related term are showing as below:

DUC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.08
Current: 1.08

During the past 5 years, the highest Dividend Payout Ratio of DUFF & PHELPS UTILITYRPORATE BOND TRUST was 1.08. The lowest was 0.00. And the median was 0.00.

DUC's Dividend Payout Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.79 vs DUC: 1.08

As of today (2024-06-10), the Dividend Yield % of DUFF & PHELPS UTILITYRPORATE BOND TRUST is 5.65%.

During the past 5 years, the highest Trailing Annual Dividend Yield of DUFF & PHELPS UTILITYRPORATE BOND TRUST was 5.65%. The lowest was 0.00%. And the median was 0.00%.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividends per Share for the months ended in Oct. 2020 was $0.30.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Dividend Payout Ratio Historical Data

The historical data trend for DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Dividend Payout Ratio Chart

DUFF & PHELPS UTILITYRPORATE BOND TRUST Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20
Dividend Payout Ratio
1.13 4.62 - 0.45 1.08

DUFF & PHELPS UTILITYRPORATE BOND TRUST Semi-Annual Data
Oct16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Dividend Payout Ratio Get a 7-Day Free Trial 21.00 0.44 0.47 2.59 0.70

Competitive Comparison of DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio

For the Asset Management subindustry, DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio falls into.


DUFF & PHELPS UTILITYRPORATE BOND TRUST Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio for the fiscal year that ended in Oct. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2020 )/ EPS without NRI (A: Oct. 2020 )
=0.585/ 0.54
=1.08

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio for the quarter that ended in Oct. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2020 )/ EPS without NRI (Q: Oct. 2020 )
=0.3/ 0.427
=0.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DUFF & PHELPS UTILITYRPORATE BOND TRUST (NYSE:DUC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of DUFF & PHELPS UTILITYRPORATE BOND TRUST's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC (NYSE:DUC) » Definitions » Dividend Payout Ratio
Comparable Companies
LSE:PHI LSE:RESI SGX:BLT ASX:CVC OCSI LSE:CMHY GGT TSE:8787 GLAD ASX:PL8 TPE:6024 XPAR:NEXTS XTER:MPCK ASX:TGG LSE:BMD TPVG LSE:RIII LSE:JMI BKK:BFIT OXLC
Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 500, Chicago, IL, USA, 60606
Website
https://www.dpimc.com
DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC is a diversified, closed-end management investment company. Its investment objective is to seek high current income consistent with investing in securities of investment-grade quality.
Executives
George W Karpus other: See Explanation of Responses
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
William J Renahan officer: VP and Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Eileen A Moran director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Robert J Genetski director 195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Eric Elvekrog other: Officer of Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Daniel Petrisko officer: VP and CIO 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Michael A Angerthal other: Director of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Stewart E Conner director
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045